A groundbreaking new Exchange-Traded Fund (ETF) has entered the market, merging the powerful assets of Bitcoin (BTC) and Gold into a single, innovative product.
Introducing the 100% Leveraged Bitcoin and Gold ETF
Renowned ETF analyst Henry Jim has revealed the launch of a pioneering Bitcoin and Gold ETF on X. This ETF, as described in its submission to the United States Securities and Exchange Commission (SEC), leverages Bitcoin futures and ETFs along with Gold futures and ETFs to provide investors with 100% exposure to both assets simultaneously.
This unique ETF harnesses the potential of Bitcoin and Gold futures and ETFs to deliver its exceptional performance, offering a one-of-a-kind investment opportunity in the ETF landscape. Notably, Quantify Chaos serves as the sub-adviser for this revolutionary ETF.
Named the STKD Bitcoin & Gold ETF in the application, this ETF is designed for long-term growth and appreciation, with specific turnover details yet to be disclosed.
The filing for the STKD Bitcoin and Gold ETF emphasizes its innovative use of leverage to combine the returns of Bitcoin strategy holdings with those of Gold strategy, resulting in a comprehensive investment approach.
Stabilizing Investment Trajectories
Designed to track and benefit from two distinct investment strategies, this product aims to mitigate the impact of short-term market fluctuations on overall investment outcomes by leveraging low-correlation assets.
The decision to launch this unique ETF stems from the belief that combining Bitcoin and Gold strategies can provide complementary strengths due to their historically low correlation. Their independent price movements further support the rationale behind this innovative investment strategy.
In the long run, focusing on reducing short-term market fluctuations through diversification is poised to contribute to a more stable investment journey for investors.
In the realm of spot Bitcoin ETFs, there have been notable inflows into the market recently, with over $21 million pouring in on Wednesday. Fidelity led the inflows, while Grayscale’s GBTC saw positive flows following a period of outflows. Conversely, BlackRock maintained a neutral position with zero inflows.
